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New ISA asap - suggestions please

Hi, I am totally new to Cash ISA's - have no £20k ready to deposit  before deadline and 20k immediately for next year, don't need it be flexible, don't need to access regularly, good interest and trustworthy most important. Have seen some MSE suggestions, some haven't great reviews recently especially Chip. Who would you recommend getting an ISA from?  cheers

Comments

  • jimjames
    jimjames Posts: 18,723 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I use Chip, no issues. But just check the MSE list for what meets your requirements
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Albermarle
    Albermarle Posts: 28,095 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    You need to decide whether to have an easy access cash ISA, with a variable rate. Or a fixed term ISA with a fixed rate over the fixed term. If it is the latter then you have a choice of how many years to fix. You can withdraw from these fixed terms but only with a hefty penalty.
    Maybe you could have one of each type to hedge your bets on future interest rate movements.
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